Financial Analysis of the Lugo Commercial Registry

Date: 2024-06-05

In this report, an exhaustive analysis of the most relevant data from the Lugo Commercial Registry is carried out, based on the provided columns. This analysis will be enriched with references to some of the companies registered in this province, highlighting their share capital and business purpose.

Registry Acts

The Lugo Commercial Registry has recorded a series of acts that reflect the business dynamics of the province. The most relevant facts are detailed below:

Appointments

The number of appointment acts is significant, with a total of 21 acts recorded. This data suggests constant activity in the designation of new positions within companies, which may be related to their expansion or restructuring.

Incorporations

9 acts of incorporation of new companies have been recorded. This indicator is positive, as it shows growth in the number of business entities deciding to establish themselves in Lugo. A notable example is LOPEZ FREIRE SA, incorporated in 1985 with a share capital of 803,086.00 euros, dedicated to the wholesale sale of fish, seafood, and other food products.

Terminations

The registry shows 11 acts of terminations, which may be related to changes in the organizational structure of companies or the departure of directors and administrators. This data is important to understand the internal dynamics and stability of companies in the province.

Revocations

1 act of revocation has been recorded, indicating that there are few situations where previously made decisions needed to be annulled. This stability can be a good indicator of the solidity in business decision-making.

Sole Proprietorships

There are 7 acts of sole proprietorship, suggesting that some companies have decided to operate under a sole proprietorship structure. This type of structure can be beneficial for quick and efficient decision-making.

Address Changes

No acts of address changes have been recorded, indicating stability in the location of companies. Geographic stability can be a positive factor for the local economy, as established companies tend to generate employment and contribute to the region's economic development.

Statutory Modifications

No acts of statutory modifications have been recorded, which may indicate that companies maintain their original statutes without the need for significant changes. This can be an indicator of stability in business policies and objectives.

Capital Increases

2 acts of capital increases have been recorded, suggesting that some companies are in the process of expansion or require greater resources for their operations. An example of a company with significant share capital is LACTALIS COMPRAS Y SUMINISTROS SL, with a share capital of 3,781,417.50 euros.

Dissolutions

No acts of dissolutions have been recorded, which is a positive indicator of the continuity of business operations in the province.

Re-elections

1 act of re-election has been recorded, which may indicate continuity in the management of some companies, keeping their directors in their positions.

Bankruptcy Situations

5 acts of bankruptcy situations have been recorded, which is relevant data as it indicates that some companies are facing financial difficulties. An example is ASOGAL CONSTRUCCIONES SL, which has recorded a bankruptcy situation.

Changes of Purpose

1 act of change of purpose has been recorded, indicating that a company has decided to modify its main activity. Such changes may be related to adapting to new market opportunities or the need for diversification.

Name Changes

No acts of name changes have been recorded, suggesting that companies maintain their corporate identity without the need for rebranding.

Capital Reductions

No acts of capital reductions have been recorded, which is a positive indicator that companies are not decreasing their financial resources.

Purpose Expansions

No acts of purpose expansions have been recorded, suggesting that companies maintain their focus on their main activities without the need for diversification.

Changes of Sole Proprietorship

No acts of changes of sole proprietorship have been recorded, indicating stability in the ownership structure of companies.

Losses of Sole Proprietorship

No acts of losses of sole proprietorship have been recorded, suggesting that sole proprietorship companies maintain their structure without changes.

Extinctions

No acts of extinctions have been recorded, which is a positive indicator of the continuity of business operations in the province.

Mergers

No acts of mergers have been recorded, indicating that there have been no integration processes between companies in the analyzed period.

Company Transformations

No acts of company transformations have been recorded, suggesting that companies maintain their legal form without the need for changes.

Conclusion

In summary, the analysis of the Lugo Commercial Registry data shows stability in most registry acts, with a significant number of appointments and incorporations of new companies. The lack of dissolutions, extinctions, and address changes is a positive indicator of the continuity and stability of business operations in the province. However, the presence of bankruptcy situations is an aspect to monitor, as it reflects financial difficulties in some companies.

Companies like LOPEZ FREIRE SA and LACTALIS COMPRAS Y SUMINISTROS SL stand out for their share capital and business purpose, significantly contributing to the local economy.